Summersville, MO Economy


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United States / Missouri / No Metro Area / Texas County / Summersville / Zip Codes
Summersville, MO is a small town located in the southeastern corner of Missouri. It has a population of less than 2,000 people and is known for its friendly community atmosphere. The cost of living in Summersville is very reasonable, with an average two bedroom rent being $760 - much lower than the US average of $1,430. Furthermore, the grocery cost index in Summersville, MO is 94 compared to 100 in the US. This makes it an attractive option for those wanting to save money on their living costs. Local companies include D&D Automotive Repair, A-Plus Appliance Repair & Parts, and Mitchell's Auto Body Shop. All these services are well-known and trusted in the area for providing quality service at a fair price.

Summersville has an unemployment rate of 4.7%. The US average is 6.0%.

Summersville has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Summersville
- The Sales Tax Rate for Summersville is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Summersville is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Summersville
- The average income of a Summersville resident is $31,486 a year. The US average is $37,638 a year.
- The Median household income of a Summersville resident is $26,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummersville, MissouriUnited States
  4.76
  -0.9%-6.2%
  18.0%33.5%
  6.1%6.2%
  5.4%4.6%
  $31,486$37,638
  $26,875$69,021
  $50,833$85,028
  Population by Occupation
  3.8%1.2%
  0.0%0.5%
  1.5%6.8%
  3.8%10.0%
  0.0%2.5%
  4.5%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  9.1%4.7%
  3.8%1.9%
  0.0%7.6%
  0.0%0.1%
  7.6%4.2%
  9.1%9.3%
  31.1%14.0%
  0.0%2.1%
  2.3%7.0%
  0.0%4.8%
  9.8%4.7%
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